Kahlon*
302 Eckhardt Avenue West
Penticton, BC
Canada V2A 2A9
Details
Address | 285 Waterford Avenue |
Area | South Okanagan |
Sub Area | PE - Main North |
State/Province | British Columbia |
Country | Canada |
Price | $695,000 |
Property Type | Single Family - Detached |
Bedrooms | 4 |
Bathrooms | 1 |
Half Baths | 0 |
Floor Space | 1591 Square Feet |
Lot Size | 0.33 Acres |
Waterfront | No |
Year Built | 1956 |
Taxes | $3,112 |
Tax Year | 2024 |
MLS® # | 10325345 |
This 0.33-acre development property offers an excellent opportunity for investors and developers to create a multi-family complex in a prime location. It is conveniently situated within walking distance of the Walmart Shopping Centre, Skaha Beach Park, and Skaha Lake. The property features easy access, with significant road frontage and alley access, providing flexible design options. The property has the potential to accommodate up to 10 residential units with a rezoning supported by city staff (buyers should conduct their own due diligence). It is located within the legislated transit area corridor, which eliminates parking requirements. Currently, the property generates $1,200 in monthly rental income from an older home on the site that has been abated with a hazardous assessment report. Don't miss this chance to invest in a well-positioned property with significant development potential.
Listed by RE/MAX PENTICTON REALTY
Location
About
Amar Kahlon is an award-winning real estate professional and has vast knowledge in the real estate field. Living in Penticton for well over two decades with his family. He and his wife Supreet raised two children, Ikjot and Udai in Penticton. Ikjot and Udai are now partners with Amar in Team Kahlon.
Amar is known for providing exceptional real estate service, starting with a great foundation, versatility, and innovations. He brings a diverse and unique experience in sales, marketing, and development. Amar has a proven track record for building trust in his tenacity, work ethic, professionalism, and ability to deliver exceptional results for his clients. He is client-focused and results-driven. His sophisticated negotiation skill set him apart in his ability to advocate for his clients. He has extensive experience in development, rezoning, land assemblies, and successfully helping his clients to complete developments. He is a savvy, strategic and trusting partner and feels privileged to be able to help his clients reach their goals and dreams.
Amar loves travelling, biking, hiking and cooking different cuisines and socializing with his friends and families.
Amar would be honored to work with you to reach your real estate goals.